Category: Market Summary

The major U.S. index futures on the Dow Jones, S&P and Nasdaq are currently pointing to a sharply higher open on Tuesday, with stocks likely to regain ground following the steep drop seen last week. The upward momentum on Wall Street comes after President Donald Trump announced he is delaying a threatened 50 percent tariff…

Nvidia (NASDAQ:NVDA) is preparing to launch a new, more affordable artificial intelligence (AI) chip tailored for China, according to a Monday report from Reuters. This new offering is set to cost considerably less than the company’s existing H20 model, which has recently faced usage restrictions. Citing insiders with knowledge of the matter, the report states…

Stocks moved sharply lower in early trading on Friday but regained some ground over the course of the session. While the major averages climbed well off their worst levels of the day, they still closed firmly in negative territory. The tech-heavy Nasdaq tumbled as much as 1.7 percent early in the session before ending the…

The major U.S. index futures for the Dow Jones, S&P and Nasdaq are currently pointing to a sharply lower open for the markets on Friday, with stocks likely to come under pressure after ending the previous session roughly flat. The futures plunged after President Donald Trump threatened to impose 50 percent tariffs on imports from…

Stocks moved mostly higher over the course of the trading day on the Thursday but gave back ground in the latter part of the session to close roughly flat. The major averages pulled back well off their highs in the final hour of trading before closing narrowly mixed. While the Nasdaq rose 53.09 points or…

The major U.S. index futures on the Dow Jones, S&P and Nasdaq are currently pointing to a lower open on Thursday, with stocks likely to see further downside following the pullback seen over the two previous sessions. Concerns about a recent surge by treasury yields may continue to weigh on Wall Street, as the thirty-year…

Following a moderate pullback in the previous session, stocks showed a more substantial move to the downside during trading on Wednesday. The major averages rebounded from an initial decline but once again slumped into negative territory as the day progressed. The major averages ended the day off their worst levels but still sharply lower. The…

The major U.S. index futures on the Dow Jones, S&P and Nasdaq are currently pointing to a lower open on Wednesday, with stocks likely to see further downside following the moderate pullback in the previous session. Lingering uncertainty about the outlook for trade and the global economy may weigh on the markets following the surge…

Bitcoin is making headlines again as its price climbed to $107,960, marking a four-month high and placing it within reach of its previous all-time peak of $109,288 set in January. This latest surge comes amid renewed optimism fueled by the U.S. Senate’s approval of the Genius Act, a significant legislative step aimed at regulating stablecoins,…

Reports are coming in from traders that Bloomberg terminals are not working this morning. Traders have taken to social media to complain about the outage. Users reported that their Terminal screens had gone blank. No data is showing, but the Terminal’s IB messaging function is still working. The company said on Bloomberg Television that the…